E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/16/2021 in the Prospect News Investment Grade Daily.

New Issue: Aviation Capital sells $750 million 1.95% five-year notes at 120 bps over Treasuries

By Cristal Cody

Chicago, Sept. 16 – Aviation Capital Group LLC sold $750 million of 1.95% five-year notes on Wednesday, according to a market source.

The notes priced with a spread of Treasuries plus 120 basis points, low to talk in the Treasuries plus 137.5 bps area.

Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG and Wells Fargo Securities LLC are working as bookrunners.

Aviation Capital Group is a Newport Beach, Calif., global aircraft leasing company and a subsidiary of Tokyo Century Corp.

Issuer:Aviation Capital Group LLC
Issue:Notes
Amount:$750 million
Maturity:Sept. 20, 2026
Bookrunners:Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG and Wells Fargo Securities LLC
Coupon:1.95%
Spread:Treasuries plus 120 bps
Trade date:Sept. 15
Price talk:Treasuries plus 137.5 bps area

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.